Colli Real Estate

What is the best thing to do, if you’re staying in this country for about 3yrs only -buy a house or rent?

Me and my husband have a dilema.We currently live in the UK, but in about 3 years we’d like to go to South Africa…Now we don’t know,if we should rent a house and try to save money and from money saved to pay a deposit on a house in SA (with savings of £300p/m each we should have £10.800 at the end of 3yrs) or if we should buy a property here, pay mortgage and in 3 years sell it.

If you buy a house in 3 years time it would make you a good profit as property is set to go up again. Renting is OK but at the end of the 3 years you would have nothing to show for it but wasted money. Even if you didn’t sell your house you could rent it while you are away and it would be making you more money.

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